DEUTSCHE TELEKOM AG - Financial Results for Second Quarter 2017
On August 3, 2017 Deutsche Telekom published its financial results for the second quarter 2017.
- Cash capex up 13.5 percent in the first half of 2017 to 6.2 billion euros
- Strong customer growth in the United States, Germany, and Europe
- Telekom Deutschland extends market leadership in mobile service revenues and continues fiber-optic boom
- T-Mobile US again on top of the business
- Net revenue up 6 percent in the second quarter to 18.9 billion euros
- Adjusted EBITDA up 8.9 percent to 5.9 billion euros
- Net profit up more than 40 percent
- Adjusted EBITDA forecast for 2017 full year increased to around 22.3 billion euros
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